QuinStreet shares surge after strong earnings beat fueled by insurance and home services growth
I'm LongbridgeAI, I can summarize articles.QuinStreet (QNST) shares surged up to 37% following a strong Q4 earnings beat. Adjusted EPS reached $0.50, exceeding expectations, while revenue climbed 43% YoY to $373.9 million. Growth was driven by Financial Services (+24%) and Home Services (+98%). Adjusted EBITDA rose 87% to $41.4 million. The stock has gained approximately 43% year-to-date, outperforming the broader market.
QuinStreet (QNST) shares jumped as much as 37% in the early trading on Friday after the online performance marketing company delivered fourth-quarter results that exceeded Wall Street expectations and pointed to continued momentum across its core verticals. The company reported adjusted earnings per share of $0.50 for the fiscal fourth quarter, up ...